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| | | SYDNEY - The Australian market is set to open lower on Wednesday due to doubts European leaders will agree on a package to resolve Europe's escalating debt crisis. Wall Street and European markets fell overnight due to reports key parts of the rescue ... |
| | | | Asset managers in Europe have reacted against an EU limited ban on short-selling of sovereign bonds but in the US the Securities Exchange Commission said it is unlikely to follow suit. Last week the European Union announced a ban on naked short selling ... |
| | | | SYDNEY - The Australian market looks set to open higher, after Wall Street and the major Europen markets finished up overnight. At 0847 AEDT on Tuesday, the December share price index futures contract was up 32 points at 4,281. In economic news on Tuesday ... |
| | | | Self-managed super fund administration heavyweight Multiport has hit $2 billion in funds under administration but for such a large administration group to be so small relative to the SMSF market shows how fragmented the SMSF marketplace remains. The ... |
| | | | Quiet please, EU meeting in progress. Yes Virginia, they're still at it. Two years on and Europe's back at the negotiating table trying to dig their way out of the hole first dug by Greece in October 2009. One begins to wonder how they were able consummate ... |
| | | | The Australian Council of Superannuation Investors (ACSI) is calling for Australian super funds to protest against members of the News Corp board at its annual general meeting in Los Angeles today if the group's governance does not improve. Global media ... |
| | | | The Australian dollar rose almost one US cent as traders position themselves in preparation for the weekend's crucial eurozone summit. Overnight, Greek members of parliament passed a deeply resented austerity bill that has led to violent protests on ... |
| | | | The Australian share market lost more ground during intra-day trading, with mining stocks falling on a negative outlook for iron ore prices. The major indices opened around one per cent lower and by midday had marked deeper losses. The benchmark S&P/ASX200 ... |
| | | | No mas! I have had enough, and enough is too much. If you're scratching your heads over the current goings-on in the financial markets, you're not alone. For how can we, mere code-breakers of policy pronouncements, divine the future when policy-makers ... |
| | | | SYDNEY - The Australian market looks set to open lower after Wall Street closed down. At 0717 AEDT on Thursday, the December share price index futures contract was down 37 points at 4,181. In economic news on Thursday, Reserve Bank assistant governor ... |
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